EP#8 Paul Thrift | The Case For New Apartment Construction
Description
Election results are in, and rental housing economist Jay Parsons talks about how President Trump's win could impact rental housing — as well as reviewing California voters' decisive takedown of a ballot measure that would have expanded rent control across the state. Additionally, Jay provides five key indicators showing why new apartment supply will remain constrained for the foreseeable future — and what that could mean for the market. Later in the program, Jay continues the supply conversation with Paul Thrift, CEO of Thompson Thrift, the nation's 13th-largest apartment developer. Paul shares how Thompson Thrift is navigating the challenging headwinds to continue an aggressive push to start new apartment projects across the country.
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- 0:00 - Intro
- 0:59 - Market data
- 9:06 - Rental housing trivia
- 9:40 - In the news
- 16:14 - Good question
- 20:20 - Complaints department
- 22:22 - Rental housing trivia answer
- 23:36 - Paul Thrift intro
- 25:22 - Origin Thompson Thrift
- 28:12 - Current market conditions
- 31:40 - Construction costs
- 35:20 - Regulations
- 38:50 - Zoning
- 42:22 - Thompson Thrift markets
- 45:02 - Buyer interest
- 49:45 - Mission to serve
- 53:26 - Outro